Nevada Gold Announces Substantial Completion of Parking Structures at River Rock Casino
January 05 2005 - 9:33AM
PR Newswire (US)
Nevada Gold Announces Substantial Completion of Parking Structures
at River Rock Casino HOUSTON, Jan. 5 /PRNewswire-FirstCall/ --
Nevada Gold & Casinos, Inc. (AMEX:UWN) announced the
substantial completion of the parking structures at the River Rock
Casino in Sonoma County, California. The first parking structure
contains 445 spaces. The second and third parking structures
contain an additional 445 and 470 parking spaces, respectively.
With the three structures open, the River Rock Casino now offers
parking capacity for more than 2,100 self and valet-parked customer
vehicles. President and CEO, H. Thomas Winn commented, "The
substantial completion of the parking structures last week achieves
a major objective for the River Rock Casino and the Dry Creek
Rancheria Band of Pomo Indians. The additional parking will allow
the River Rock Casino to better serve its large target market."
Nevada Gold owns 69% of Dry Creek Casino, LLC, which assisted the
Dry Creek Rancheria Band of Pomo Indians with their River Rock
Casino, located approximately 75 miles north of San Francisco.
Forward-Looking Statements This release contains forward-looking
statements, which are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. We use
words such as "anticipate," "believe," "expect," "future,"
"intend," "plan," and similar expressions to identify
forward-looking statements. Forward-looking statements include,
without limitation, our ability to increase income streams, to grow
revenue and earnings, and to obtain additional Indian gaming and
other projects. These statements are only predictions and are
subject to certain risks, uncertainties and assumptions, which are
identified and described in the Company's public filings with the
Securities and Exchange Commission. About Nevada Gold & Casinos
Nevada Gold & Casinos, Inc. of Houston, is a developer of
gaming properties, and has real estate interests in Colorado,
California, and Nevada. UWN owns a 43% interest in The Isle of
Capri-Black Hawk LLC, which owns Isle of Capri Casino, a 237-room
hotel/casino and Colorado Central Station Casino (both located in
Black Hawk, Colorado, about 35 miles west of Denver) and Colorado
Grande Casino, located in Cripple Creek, Colorado. The LLC is a
joint venture with Isle of Capri Casinos, Inc. (NASDAQ:ISLE). UWN
has 69% ownership of Dry Creek Casino, LLC, which is assisting the
Dry Creek Rancheria Band of Pomo Indians with their River Rock
Casino, Alexander Valley, Sonoma County, California (about 75 miles
north of San Francisco in the California wine country). UWN has 51%
ownership of Route 66 Casinos, LLC, which has the right to lease
gaming equipment to the Pueblo of Laguna in their Route 66 Casino
11 miles west of Albuquerque, N.M., which opened in September 2003.
Nevada Gold Tulsa, Inc., a wholly-owned subsidiary, has entered
into a contract to develop and manage a casino for the Muscogee
(Creek) Nation in Tulsa, Oklahoma. Also, Gold River, LLC, a
wholly-owned subsidiary of UWN, has entered into a development
agreement for a gaming resort in Pauma Valley, California for the
La Jolla Band of Luiseno Indians. The management agreement for La
Jolla is currently being finalized and is expected to be completed
in the near future. For more information, visit
http://www.nevadagold.com/ . CONTACT: Nevada Gold & Casinos,
Inc., Houston H. Thomas Winn or Christopher Domijan, 713-621-2245
or Integrated Corporate Relations Don Duffy 203-222-9013
DATASOURCE: Nevada Gold & Casinos, Inc. CONTACT: H. Thomas Winn
or Christopher Domijan, both of Nevada Gold & Casinos, Inc.,
+1-713-621-2245; or Don Duffy of Integrated Corporate Relations,
+1-203-222-9013 Web site: http://www.nevadagold.com/
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